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Smart Meter Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Smart Meter Manufacturing Market Research Report | Technology | Water | Jun 2015

Smart power: The industry will thrive on rising energy consumption and housing starts

IBISWorld’s Smart Meter Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
General Electric Company General Electric Company  market share
Itron Itron market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
11.3%
Annual Growth 15-20
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Profit
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Employment
3,556
Businesses
57
Industry Analysis & Industry Trends

The Smart Meter Manufacturing industry has surged ahead during the past five years, fueled by growing demand for smart meters and aggressive adoption of the technology in states such as Texas and California. In addition to improving housing and construction activity, demand for industry products has benefited from a greater number of utilities converting to smart grids. Similar trends are expected in the five years to 2020, as a greater number of states and regions adopt smart grid utilities. Additonallly, emerging market grwoth will prompt healthy external demand.... purchase to read more

Industry Report - Industry Products Chapter

The Smart Meter Manufacturing industry manufactures smart meters for measurement, data collection and consumption analysis of electricity, water and gas. All smart meters produced by this industry are equipped with advanced metering infrastructure (AMI) software or a traditional automatic meter reading (AMR) system. The primary difference between the two types of meters is that AMI technology includes systems that allow for two-way communications between the consumer's energy meter and the utility company. Consumers use this information to track their own consumption patterns in order to make their energy use more cost effective. AMR systems simply collect consumer energy consumption data... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Smart Meter Manufacturing Industry?

This industry manufactures smart meters, which are electrical, gas or water meters that record consumption information in intervals of an hour or less and communicate this information back to the utility for monitoring and billing purposes. Smart meters enable two-way communication between the meter and the central system.

Industry Products
Electric metersGas metersWater meters
 
Industry Activities
Manufacturing electricity smart metersManufacturing gas smart metersManufacturing water smart meters


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